How does the fund manager decide?

How do you solve this problem as a fund manager? Meng Hao believes that the core is to increase the research depth of leading companies and have high-quality track positions, which should be longer and deeper than other peers. Only by studying deeper and longer can we continue to earn the potential of continuous growth of high-quality tracks in this process. At the same time, the investment in new energy circuits needs specific analysis, such as photovoltaic circuits and new energy vehicles.

From the fourth quarter of this year to the first quarter of next year.

Meng Hao said that photovoltaic is still a fast-growing industry, which means that the investment potential has not been fully tapped. He said that the cyclical growth of the photovoltaic industry is still relatively fast. Because the price of major photovoltaic silicon materials is relatively high this year, the growth rate next year may be faster than this year. Downstream transportation is severely restricted. Next year, from the fourth quarter of this year to the first quarter of next year, the price of all silicon may fall, because the price will naturally fall after the input of new capacity, so the material price of the whole photovoltaic industry will fall next year. In addition, the government will vigorously promote it, which will lead to a rapid increase in terminal component shipments and downstream installations. Therefore, in the photovoltaic industry, we have observed the component output, which will develop better in the future.

He said that we should know something about new energy enterprises, and new energy is for us; The fastest and rarest stage in the industrial chain has become a thing of the past.